Northland Communications Corporation

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Northland Communications Corporation - overview

Established

1981

Location

Seattle, WA, US

Primary Industry

Marketing/Advertising

About

Northland Communications Corporation excels in delivering robust broadband solutions, with a strong focus on providing high-speed internet services tailored for residential customers. Founded in 1981, Northland Communications Corporation operates from its headquarters in Seattle, US, providing high-speed internet services. The company was acquired by Mega Broadband Investments LLC in October 2018 as part of a strategic growth initiative. Notably, Northland has completed 2 deals, with the most recent deal occurring on August 29, 2018.


Northland Communications Corporation, through its Vyve Broadband brand, specializes in delivering high-speed internet services using a hybrid fiber coaxial network along with direct fiber-to-the-home connections in select areas. Their core offerings include various internet speed tiers, highlighted by Vyve Gig, which features maximum download speeds of 960 Mbps and upload speeds of 48 Mbps. Targeting residential clients, Vyve Broadband enhances connectivity through bundled services, including advanced WiFi solutions powered by eero, catering to diverse geographical markets across rural and suburban areas in several states. Vyve Broadband generates revenue through subscription-based internet services, where customers select from distinct pricing plans tailored to their needs.


Clients incur a monthly fee for their chosen internet plan, which may include additional features such as the eero Mesh WiFi system. The pricing model accommodates various tiers, with standard monthly charges adjusted based on service level, and includes discounts for autopay enrollment, ensuring a steady revenue stream supported by installation, activation, and regulatory fees. Looking ahead, Northland Communications Corporation aims to further expand its market presence by targeting new geographical regions for growth. Specific areas for expansion have not been detailed, but the strategic direction is clear, particularly following the acquisition by Mega Broadband Investments LLC in October 2018.


The company will leverage its recent acquisition to support these initiatives, facilitating the launch of enhanced broadband products designed to meet evolving customer demands.


Current Investors

Mega Broadband Investments Holdings LLC

Primary Industry

Marketing/Advertising

Sub Industries

Public Relations & Communications, Television & Film

Website

www.yournorthland.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Northland Communications Corporation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedNorthland Communications Corporation-
Private DebtCompletedNorthland Communications Corporation-
Add-onCompletedCertain Texas cable assets of Northland Communications Corp-

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